I was recently introduced to a new technique that is helping a lot of real estate agents by taking a lot of the stress out of finding a buyer for a home. This is called facilitation payments. In essence, your agent will come to you with a buyer’s offer so you can evaluate it, and then you’ll send the offer to the seller. For the moment, your agent can’t get involved in the selling process and will be working on closing.
Facilitation payments are part of the sale agreement, and when the seller accepts it, you will know it. You will be paid for your work, and you will be reimbursed for your expenses. You will also get a discount if you have no prior dealings with the seller. If you are in a hurry, you can use this method to try and complete the sale in a faster manner. Of course, having to pay for the seller is definitely a plus.
Facilitation payments are a nice way to start out the transaction, but they can be hard to get right. Most agents will try to get you to agree to a facilitation payment by saying they will not include it in the sale, meaning they will only agree to provide a percentage of total closing costs. This is not a bad thing. A percentage of the closing costs is usually the best way to get a person to agree to a payment.
One way to get a seller to agree to a facilitation payment is to have them set up a payment plan. Most agents will be happy to provide a percentage of the total closing costs, even though you need to ask for that last minute. You need to be honest with the seller and make sure that they agree to your payment plan, but they will be happy to set up a payment plan.
The other way to get a seller to agree to a payment plan is to set up a deadline. Often, you can ask for a certain amount of time to get a payment plan in place, but most sellers are happy to meet your deadline.
Facilitation payments are the same as a traditional payment plan, but you will not be able to pay the down payment until you have the payment in hand. The seller will also not be able to pay you a portion of the closing costs until a payment plan is in place.
Facilitation payments are used by sellers to reduce the risk of losing a sale. To get in touch with a seller’s assistant, you will usually send a text message to a seller’s assistant. The seller’s assistant’s response will usually be to set up a payment plan and a time-frame for a payment. This is a very common way for sellers to get in touch with buyers.
You are a seller and you have a buyer in mind. You can set up a facilitation payment to take care of a buyer’s closing costs. What this does is set up a payment plan to take care of the closing costs of the buyer.
The fee for this is usually between $25 and $100, and the payment plan can be as short as a day to a week. This is very common because sellers are the ones who are in contact with buyers, so they know who can pay them, what their payment plans are (if any), and how the buyer can take care of the closing costs.
Facilitators can be a big help for buyers when they’re trying to close a deal. In our research on closing deals, we found that the buyer is the most likely person to pay a facilitator in the first 24 hours after a deal is closed. This makes the buyer’s closing experience much easier, since they don’t have to worry about paying the facilitators.